FAIRBANK DECORATORS LIMITED

💤Zombieactive
SC160842 · ltd · incorporated 1995-10-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Painting
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees151500

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-09-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-09-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-09-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-09-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-08-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2022-08-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-08-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-08-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-08-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-08-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2022-08-02
    HANNAH, Alan William appointed
    director
  17. 2022-08-02
    SMITH, Pauline resigned
    secretary
  18. 2022-08-02
    SMITH, Ian Andrew resigned
    director
  19. 2022-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2002-04-30
    SMITH, Pauline appointed
    secretary
  23. 2002-04-30
    PAGAN SECRETARIES LIMITED resigned
    corporate-secretary
  24. 2001-10-20
    SMITH, Janice Elizabeth resigned
    director
  25. 2001-03-14
    SMITH, Ian Andrew appointed
    director
  26. 1998-09-30
    PAGAN MACBETH resigned
    corporate-secretary
  27. 1998-09-30
    PAGAN SECRETARIES LIMITED appointed
    corporate-secretary
  28. 1995-10-10
    CLARKE, John Bernard resigned
    director
  29. 1995-10-10
    SMITH, Janice Elizabeth appointed
    director
  30. 1995-10-05
    🏢
    Company incorporated
    As FAIRBANK DECORATORS LIMITED
  31. 1995-10-05
    PAGAN MACBETH appointed
    corporate-secretary
  32. 1995-10-05
    CLARKE, John Bernard appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

A.W. Hannah Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
A.W. Hannah Limited
Corporate parent · holds 75-100% shares
ultimate parent
FAIRBANK DECORATORS LIMITED
This company · SC160842

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
A.W. Hannah Limited
Corporate entity
75100%
75-100% shares02/08/2022
1 historic (ceased) PSC
  • Mr Ian Andrew Smithceased 02/08/2022· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1995-10-05
Jurisdictionscotland
Primary SIC43341 — Painting

Registered office

19 Manson Terrace
Perth
PH2 8AU
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22

Officers (1 active · 6 resigned)

HANNAH, Alan William
director · ~55y · appointed 2022-08-02
View their other companies + combined net worth →
Active
SMITH, Pauline
secretary · appointed 2002-04-30 · resigned 2022-08-02
Resigned
PAGAN MACBETH
corporate-secretary · appointed 1995-10-05 · resigned 1998-09-30
Resigned
PAGAN SECRETARIES LIMITED
corporate-secretary · appointed 1998-09-30 · resigned 2002-04-30
Resigned
CLARKE, John Bernard
director · ~71y · appointed 1995-10-05 · resigned 1995-10-10
Resigned
SMITH, Ian Andrew
director · ~66y · appointed 2001-03-14 · resigned 2022-08-02
Resigned
SMITH, Janice Elizabeth
director · ~64y · appointed 1995-10-10 · resigned 2001-10-20
Resigned

Click a director name to see their full track record across all companies.

Recent filings (89 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-02
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
gazette-notice-compulsory
gazette · GAZ1
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-03
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-25
gazette-notice-compulsory
gazette · GAZ1
2024-09-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-09
change-person-director-company-with-change-date
officers · CH01
2023-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-24